Vita Coco Company Balance Sheet Health
Financial Health criteria checks 5/6
Vita Coco Company has a total shareholder equity of $209.7M and total debt of $21.0K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are $289.0M and $79.4M respectively. Vita Coco Company's EBIT is $69.1M making its interest coverage ratio -17. It has cash and short-term investments of $123.0M.
Key information
0.01%
Debt to equity ratio
US$21.00k
Debt
Interest coverage ratio | -17x |
Cash | US$122.98m |
Equity | US$209.69m |
Total liabilities | US$79.35m |
Total assets | US$289.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 85E's short term assets ($266.7M) exceed its short term liabilities ($79.0M).
Long Term Liabilities: 85E's short term assets ($266.7M) exceed its long term liabilities ($350.0K).
Debt to Equity History and Analysis
Debt Level: 85E has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 85E's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 85E's debt is well covered by operating cash flow (464057.1%).
Interest Coverage: 85E earns more interest than it pays, so coverage of interest payments is not a concern.